Activist investors mounted campaigns at a record number of companies globally during the first six months of 2024 but have been less successful in breaking into boardrooms as companies fought back effectively, data from Barclays shows. Recent notable examples include Elliott Investment Management's targeting of Southwest Airlines, while Starboard Value is taking on design software maker Autodesk and Jana Partners is pushing for changes at silicon carbide maker Wolfspeed. The surge in activity may lead to more costly battles between activist shareholders and management over leadership changes, spin-offs and outright sales in the coming months, bankers, lawyers and investors said.
The Liberal Democrat leader urged voters to ‘take a leap of faith’ and back his party on July 4.
She announced the birth of baby Ruby last week.